Caterpillar (CAT -1.2%) slips today after Credit Suisse lowered its 2013 EPS guidance to $7 from...


Caterpillar (CAT -1.2%) slips today after Credit Suisse lowered its 2013 EPS guidance to $7 from $7.77, and its price target from $123 to $110. The firm cites declining optimism for an improvement in mining orders, for which it had earlier priced into its forecast.

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Comments (2)
  • Fogbound
    , contributor
    Comments (14) | Send Message
     
    A target of $110 sure makes the January 2014 $87.50 p
    ut a great sell.
    13 Apr 2013, 05:01 AM Reply Like
  • Bad Otis
    , contributor
    Comment (1) | Send Message
     
    oh please Cat will see 50 before 110 really????
    14 Apr 2013, 09:07 PM Reply Like
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